Canara HSBC Oriental Bank of Commerce Life Insurance has introduced a new linked insurance product – ‘Secure Bhavishya’ – that is designed to protect and meet an individual’s future financial needs.
‘Secure Bhavishya’ is a Unit linked pension plan which will help customers build-up a retirement fund which can be used to provide a steady post retirement income . This plan offers the benefit of ‘capital protection’, by way of minimum guarantee of 101% of all premiums paid as the maturity value.
Mr. Anuj Mathur, Chief Executive Officer, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited said, “The product philosophy we follow is to focus on customer needs and design propositions accordingly. Our aim is that our ‘proposition to customer’ must be market competitive, for target customer segments, and provide good value for money to our customers. Keeping this into consideration, we have launched Secure Bhavishya Plan catering end to end retirement planning. With uncertainties in life increasing post retirement, this product provide steady stream of income lifelong to provide financial security to the customer. This is a product to build-up a retirement corpus that can be used to provide a steady post retirement income.
Salient features of the Plans are:
Canara HSBC Oriental Bank of Commerce Life Insurance Secure Bhavishya Plan
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